Rare opportunity in Lacey—two detached single-family homes on one lot, each with its own charm and privacy. Both homes are currently rented, offering consistent occupancy and strong cash flow with an estimated 6.3% cap rate. One tenant is long-term, adding stability to this solid income-producing property. Located in a desirable area close to amenities, this is a smart addition to any investor’s portfolio. Whether you're growing your rental holdings or seeking a low-maintenance investment, this unique setup delivers dependable returns in a high-demand market.
Listing Provided Courtesy of Noe Quezada, BHGRE - Northwest Home Team
General Information
NWM2378337
Multi Family
41
DOM
8637.95 SqFt
2448
1962
Thurston
Mountain View E
Komachin Mid
North Thurston
Residential Incom
Multi Family
Listing Provided Courtesy of Noe Quezada, BHGRE - Northwest Home Team
Krishna Realty data last checked: Jul 17, 2025 23:42 | Listing last modified Jun 30, 2025 18:32,
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Residence Information
2448
Composition
52 - Duplex
1962
Poured Concrete
Features and Utilities
Metal/Vinyl, Wood Products
Public
Sewer Connected
0
Financial
5151.2
Cash Out, Conventional, FHA, VA Loan
05-20-2025
Comparable Information
41
41
Cash Out, Conventional, FHA, VA Loan
$649,950
$649,950
Jun 30, 2025 18:32
Schools
Elementary : Mountain View EN/ARatings Middle : Komachin Mid N/ARatings High : North Thurston N/ARatings
Rare opportunity in Lacey—two detached single-family homes on one lot, each with its own charm and privacy. Both homes are currently rented, offering consistent occupancy and strong cash flow with an estimated 6.3% cap rate. One tenant is long-term, adding stability to this solid income-producing property. Located in a desirable area close to amenities, this is a smart addition to any investor’s portfolio. Whether you're growing your rental holdings or seeking a low-maintenance investment, this unique setup delivers dependable returns in a high-demand market.